/biz/ - Business & Finance

>>50441973
On Avalanche the total supply of AVAX is hardcapped and it can scale to Millions of Nodes thanks to how the new Consensus protocol works, all you need for a Node is 2000 AVAX and overall current staking ratio is at 60% and Nodes make between 9 and 12% APY.
Fees from transactions or asset creation are burned forever diminishing the AVAX supply.
Whats really gonna cause the pump is the Subnets, ‘Blockchain as a Service’ is the future and Avalanche supports basically any VM, to run these Subnets you need an Avalanche Node so this means high demand to buy and stake 2000 AVAX.
Companies like Mastercard, Paypal, Chainlink Labs and even the US Government are already looking into launching their own Subnets which will create incentives for all the Avalanche Node Operators.

another thing is DeFi which also locks up a huge part of AVAX supply in all kinds of dapps, there is currently 200+ protocols running on the C-Chain and more are launching almost every day.
Transactions on Avalanche take seconds and cost only a couple cents meaning you can adjust your positions faster and cheaper than anywhere else while on ETH it eats your profits and takes too long when seconds matter.
Have no pictures of whores so take this Emin pic.